Abstract: A computerized method, system, and computer-readable medium of automated feature-based analysis for cost management of direct materials is disclosed. The method includes receiving a plurality of suppliers and at least one part offered by each of the plurality of suppliers, determining, with a processor, a should cost for each of the at least one parts based at least in part on features characteristics information, financial information, and purchasing demand information, receiving a request to compare the should cost for each of the at least one parts with a vendor price provided by a first supplier, wherein the first supplier is one of the plurality of suppliers, determining, with a processor, a spend index and fit score for each of the at least one parts offered by the first supplier, and automatically displaying a comparison of the spend index and fit score for each of the at least one parts offered by the first supplier through a graphical user interface.